Clonmel and Mullinahone Credit Unions have joined forces to provide a better service to all their customers.
The new structure will improve member choice, extend services, eliminate duplication of administration tasks, reducing unnecessary costs and providing a base for more service options into the future.
Both Credit unions have been and are well run, generating a surplus each year. Clonmel Credit Union celebrated its 50th years of serving the community in 2013 and has assets of over €150m.
Mullinahone Credit Union has been serving the needs of members for Mullinahone, Drangan and Cloneen parishes since March 1978. Mullinahone has assets of €3.1m. The provision of a distinctive local service has been a core objective of both Credit Unions.
Success is measured in how they support the growth in their community.
The 26,000 strong membership of the Credit Union will now have the flexibility to use either the Fethard, Mullinahone or the Clonmel Offices to complete transactions or to apply for loans.
On-Line banking services, EFT, and Bill pay services will be extended to all members. The opening hours of the Mullinahone office will be more than doubled providing access to members that want to complete their business face to face. The Clonmel website will be provide access to members that wish to monitor their accounts online.
Clonmel chairman Andrew Burke said he would like to “acknowledge the tremendous work of the volunteers that had established Mullinahone Credit Union and were still activity engaged 37 years later”. He also stated that he was “delighted that so many of the Mullinahone directors were still willing to assist in the future development of the Mullinahone office”.